Middle East Economic Survey
UNCC Makes Final Awards Of $367Mn
The 56th session of the UN Compensation Commissions (UNCC) which ended on 30 June marked the completion of the panels work following 12 years of compensation assessments, and resulted in final awards of almost $367mn. The body was set up to deal with compensation claims arising from Iraqs 1990 invasion of Kuwait. The last awards bring the total amount of compensation awarded against Iraq to $52.5bn...